Each of the Following Is Added to Net Income in Computing

question 108

Multiple Choice

Each of the following is added to net income in computing net cash provided by operating activities except

• A) amortization expense.
• B) an increase in accrued expenses payable.
• C) a gain on sale of equipment.
• D) a decrease in inventory.

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Definitions:

HR Surplus

A situation where the number of employees exceeds the actual requirements of the organization, leading to potential layoffs or redeployment.

Workforce

The collective group of individuals who work in an organization, industry, or economy.

Unemployment Relief

Government programs or measures designed to provide financial aid or jobs to individuals who are unemployed.

Surplus Food

Food production that exceeds the immediate consumption needs of the population, which can be stored or distributed as needed.